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| − | ===Simple Linear Regression===
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| − | <!-- [[File:SimpleLinearRegression.png|350px|thumb|center|]] -->
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| − | [[File:SimpleLinearRegression2.png|600px|center|]]
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| − | The purpose of regression analysis is to:
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| − | * Predict the value of the dependent variable as a function of the value(s) of at least one independent variable.
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| − | * Explain how changes in an independent variable are manifested in the dependent variable
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| − | :* The dependent variable is the variable that is to be predicted unexplained.
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| − | :* An independent variable is the variable or variables that is used to predict or explain the dependent variable
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| − | '''The regression equation:'''
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| − | <math> y = a + bx </math>
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| − | * Dependent variable: <math> y </math>:
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| − | * Independent variable: <math> x </math>:
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| − | * Slope: <math> b = r \frac{S_y}{S_x}</math>
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| − | : The slope is the amount of change in units of <math>y</math> for each unitchange in <math>x</math>.
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| − | * <math> y </math> intercept: <math> a = \bar{y} - b\bar{x} </math>:
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| − | <br />
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